000 Lakhs

Plot/Land for sale in Mauza Nasirpur, Hathras, Uttar Pradesh

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Area

Total ( 3334 sq.m) 3334.00

Date of e-auction

Awaited

Price Type

Reserve

Assets ownership

Freehold

Brokerage

No Brokerage

Assets Code

2175

Contact us

+91 7428994800

Assets Features

Freehold Plot

The Buying Process

How to buy properties from banks? We're here to guide you through the process, making your
property acquisition journey seamless and hassle-free.

1

Choose a Property

Discover our range of listings to locate a property that fulfills your needs.

2

Submit KYC

Complete the KYC process and get ready for the auction.

3

Pay EMD

Provide a 10% earnest deposit to express property interest.

4

Participate in Auction

Sign up on the auction portal and engage in the bidding procedure.

5

Auction Process

Explore our listings & find a property that meets your requirements.

6

Obtain Sale Certificate

The seller institution issues the sale certificate upon completion of payment.

7

Register the Property

An authorized officer records the property at the Sub-Registrar's Office.

Insights

Seller’s Reserve Price

The reserve price set by the seller for a property auction excludes all property-related dues like taxes, utilities, maintenance, and industrial authority fees.

Earnest Money Deposit (EMD)

The earnest money deposit (EMD) is the minimum amount paid by the buyer to the seller institution to confirm participation in the auction. If the bidder is unsuccessful, the EMD is refundable. However, it will be forfeited in the event of non-payment after winning the auction.

Did you know?

Loan Availability

We recognize the difficulties of securing a loan for auction properties. That's why BankofStressedAssets.com has teamed up with handpicked banks that specialize in providing loans for such properties. With our streamlined loan process, you can confidently explore financing options and make purchasing property more accessible.

Request a Visit of the Property

Indicate your interest in a property by requesting a visit through BankofStressedAssets.com. Simply click on "I am interested," and we'll liaise with the authorized bank officer to schedule a convenient property tour. This enables you to personally inspect the property and make an informed decision.

Possession Status

BankofStressedAssets.com offers details regarding the possession status of properties. Physical possession indicates that the property is secured, with the seller institution holding the keys. Symbolic possession means the seller institution possesses legal rights, yet physical possession remains pending. Understanding the possession status provides insight into the property's present condition.

SARFAESI Act

The SARFAESI Act, an abbreviation for the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, is legislation implemented in India to empower banks and financial institutions in efficiently recovering their non-performing assets (NPAs). This act grants banks the authority to seize and sell properties of defaulting borrowers without court intervention, providing a legal framework for the swift resolution of distressed assets. By enabling banks to enforce their security interests effectively, the SARFAESI Act significantly aids in loan recovery and upholds financial system stability. Access the Act here.

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